# Irkutsk Oil Company selects Gemont as contractor for polymer plant

Irkutsk Oil Company (INK) has selected Gemont as the general contractor to build a polymer plant in Ust-Kut, Russia. The plant will produce ethylene and polyethylene with an annual capacity of 650,000 tonnes, with Toyo Engineering as the engineering company. Construction is expected to take three years.

- Type: Contract
- Announced: 2020-03-31
- Where: Ust-Kut, Irkutsk Oblast, Russia
- Value: $2.30B (170.0B RUB)
- Status: announced
- Capacity: 650,000 tonnes per year
- Products: ethylene, polyethylene
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Plastics and Polymers](https://endata.com/sectors/plastics-polymers.md)

## Companies

- [Irkutsk Oil Company](https://endata.com/companies/2234.md)
- [Toyo Engineering](https://endata.com/companies/8024.md) (partner)
- [Gemont](https://endata.com/companies/46125.md) (partner)

## Sources

- [bbgl.ru](https://bbgl.ru/news/16739), 2020-03-31: "Подрядчик в течение трёх лет построит в Усть-Куте завод по выпуску этилена и полиэтилена годовой мощностью 650 тысяч тонн."

---
Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.